Custom Trust Solutions
There are many reasons for holding your assets in a Trust. Some of the most common reasons are discussed below.
- Revocable Trust:
Provides protection upon incapacity and avoids probate for assets properly re-titled into trust ownership.
- Qualified Domestic Trust:
Marital deduction is allowed for non-citizen spouse.
- Qualified Terminable Interest Property Trust:
A Qualified Terminable Interest Property (QTIP) Trust will provide a lifetime income for your spouse and also allow you to retain ultimate control over who receives the property in the trust after your spouse's death.
- Bypass Trust:
Also known as a credit shelter, divides estate into two parts at a spouse’s death. One part passes outright to the surviving spouse while the other part is placed in a credit shelter trust.
- Spendthrift Trust:
Trust assets are protected from the beneficiary's creditors.
- Special Needs Trust:
Provides for the needs of a disabled individual.
- Grantor Retained Income or Annuity Trusts (GRIT or GRAT):
Removes property given to trust from the grantor’s estate (freezing its value) while permitting grantor (and grantor’s spouse) to continue receiving income or an annuity stream for a fixed term of years.
|Not FDIC Insured||Not Bank Guaranteed||May Lose Value|
|Not Guaranteed by any Government Agency||Not a Bank Deposit|